Aluminum captures some copper market share: General Cable executive

Mar 27, 2013 | 03:52 PM | Corinna Petry

Tags  General Cable, aluminum, copper, pricing, market share, electrical applications, automotive, building wire Greg Kenny

CHICAGO — A major consumer of both copper and aluminum says a battle for dominance presses on between the two markets for certain applications, particularly as pricing differentials make the economics of substitution increasingly attractive.

For example, as a conductor of electricity, "we do see aluminum in some applications nibble into copper," General Cable Corp. president and chief executive officer Gregory B. Kenny said during the company’s investor day presentations March 26.

"Right now, aluminum is two-thirds as electrically efficient and one-third the cost of copper," he said. "We’re not seeing a big move from copper to aluminum, but there is some nibbling on the edges, and aluminum is actually used in a lot of the developing world."....

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